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				<p class="content-title">DRIVERS OF HEALTH CARE EXPENDITURES</p>
				<p class="content-subtitle">Technology
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					<li>Most experts agree that technology accounts for the greatest rise in health care costs</li>
					<li>The availability of new treatments and diagnostic techniques contributed to increased costs</li>
					<li>Digitizing patient records can cut paper costs and reduce the likelihood of errors in prescriptions and in the transfer of data between hospitals</li>
					<li>IT and computer-aided innovations require expensive software and hardware</li>
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				<p class="content-subtitle">Aging population</p>
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					<li>70 years is the average life expectancy at birth of the global population in 2011</li>
					<li>Current estimation of old populations is at 39.6 million or 12.9% of the population</li>
					<li>As the population ages, the prevalence of chronic diseases and complex medical conditions also increases</li>
					<li>Members of the older population are the major consumers of inpatient hospital care</li>
					<li>People 65 and over spend much more on health care—about four times more than those under 65</li>
					<li>The demand for adult primary care services is projected to grow by approximately 14 percent between 2013 and 2025</li>
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				<p class="content-subtitle">Emphasis on specialized medicine</p>
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					<li>60% of practicing physicians in the U.S. are medical specialists</li>
					<li>Preference for specialty care resulted in high utilization and rapidly rising costs</li>
					<li>Because specialists’ services are generally more costly, their inappropriate use generates unnecessary waste</li>
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					<li>Lack of insurance affects the ability of an individual to receive timely preventive, acute, and chronic care</li>
					<li>Approximately 48 million Americans were uninsured in 2012</li>
					<li>61% of non-elderly adults in the U.S. said that one of the reasons they are uninsured is either because the cost is too high or because they lost their job</li>
					<li>Most uninsured workers are self-employed or work for small firms where health benefits are less likely to be offered</li>
					<li>Low-wage workers who are offered coverage often cannot afford their share of the premiums, especially for family coverage</li>
					<li>In 2013, the average annual total cost of employer-sponsored family coverage was $16,351, and the share of the premium paid by workers was 29%</li>
					<li>11 million Americans are projected to gain health insurance coverage through the ACA in 2014</li>
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				<p class="content-subtitle">Labor intensity</p>
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					<li>Labor still accounts for the largest proportion of expenditures in many health systems</li>
					<li>The health care industry employs around 14.3 million workers in the U.S.</li>
					<li>Labor-saving technologies, workforce innovations, and patient self-care approaches are now emerging and altering health care's labor structure</li>
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				<p class="content-subtitle">Reimbursement system incentives</p>
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					<li>Private and government health care financing mechanisms are recognized as major contributors to rising costs</li>
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